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Work item:
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X.srscm-dlt
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Subject/title:
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Security Requirements for Smart Contract Management based on the distributed ledger technology
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Status:
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[Carried to next study period]
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Approval process:
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AAP
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Type of work item:
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Recommendation
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Version:
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New
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Equivalent number:
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-
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Timing:
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-
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Liaison:
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-
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Supporting members:
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-
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Summary:
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Smart contract is a piece of code which can be run on DLT. Through the automatic execution of smart contract, users can control valuable things. As well as software, Smart contract also face security threats. With the rapid development of DLT technology, the impact of security problems in smart contract is becoming more and more far-reaching. In the process of using smart contracts, many security threats are exposed, such as logic defects, backdoor, short address attacks, time dependence etc. The security of the smart contract will directly affect the security of the related DLT development. For example, the DAO event, lost about $60 million through attack on smart contract.
Therefore, it is crucial to identify smart contract security threats, clarify the security principles, and specify the requirements of smart contract security management. Through those above, this recommendation is to enhance the security management of DLT smart contract.
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Comment:
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-
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Reference(s):
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Historic references:
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Contact(s):
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| ITU-T A.5 justification(s): |
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First registration in the WP:
2020-09-11 12:28:57
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Last update:
2021-05-04 09:58:20
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